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Content provided by Wes Moss. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wes Moss or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
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10 Essential Steps to Retire Sooner: Spending Strategies, Tax Tips, and Listener Questions

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Manage episode 485640034 series 1098902
Content provided by Wes Moss. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wes Moss or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Wes and Christa delve into essential topics to help get you ready to retire sooner and happier, including: • Review the Wes Moss 10-point retirement readiness checklist. • Understand how to transition from saving to spending. It sounds simple, but there can be more to it than meets the eye. • Explore the emotional and strategic importance of spending in retirement: What are productive ways to prioritize? • Reassess your estate, insurance, and healthcare coverage before retirement—procrastination can add unnecessary stress. • Be aware of advisor fees vs. value: you're not paying to beat the market, but to build and protect a sustainable plan. • Embrace the importance of financial confidence: the #1 worry in retirement is outliving your money—face it with planning. • Enjoy a lighter segment of “Wes Stinks” regarding Wes’s favorite type of apple vs. listener favorites. • Follow real-life financial questions from listeners: o With a significant chunk of assets and kids still in college, analyze early retirement readiness and weigh the pros and cons of hiring a financial advisor versus staying with index funds. o How to shift from aggressive stocks to conservative holdings while attempting to minimize capital gains tax. o Dissect a high withdrawal rate strategy using dividends and bond funds. Consider the trade-offs of control and structured income. o Evaluate municipal bond funds for tax efficiency; can you balance credit quality and yields using a tax-equivalent yield comparison? o Weigh traditional vs. Roth 401(k) contributions based on your current tax bracket.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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419 episodes

Artwork
iconShare
 
Manage episode 485640034 series 1098902
Content provided by Wes Moss. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wes Moss or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Wes and Christa delve into essential topics to help get you ready to retire sooner and happier, including: • Review the Wes Moss 10-point retirement readiness checklist. • Understand how to transition from saving to spending. It sounds simple, but there can be more to it than meets the eye. • Explore the emotional and strategic importance of spending in retirement: What are productive ways to prioritize? • Reassess your estate, insurance, and healthcare coverage before retirement—procrastination can add unnecessary stress. • Be aware of advisor fees vs. value: you're not paying to beat the market, but to build and protect a sustainable plan. • Embrace the importance of financial confidence: the #1 worry in retirement is outliving your money—face it with planning. • Enjoy a lighter segment of “Wes Stinks” regarding Wes’s favorite type of apple vs. listener favorites. • Follow real-life financial questions from listeners: o With a significant chunk of assets and kids still in college, analyze early retirement readiness and weigh the pros and cons of hiring a financial advisor versus staying with index funds. o How to shift from aggressive stocks to conservative holdings while attempting to minimize capital gains tax. o Dissect a high withdrawal rate strategy using dividends and bond funds. Consider the trade-offs of control and structured income. o Evaluate municipal bond funds for tax efficiency; can you balance credit quality and yields using a tax-equivalent yield comparison? o Weigh traditional vs. Roth 401(k) contributions based on your current tax bracket.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

419 episodes

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